KARACHI: Bullish run at the Pakistan Stock Exchange (PSX) continued unabated on Wednesday, as equities rallied all day long to help the index post significant gains.
The benchmark KSE-100 Index remained in the green throughout the day, registering an intraday high at 46,405.86 (+457.91 points). It settled higher by 391.81 points or 0.85 percent at 46,339.76.
Among other indices, the KMI-30 Index accumulated 622.28 points to end at 75,496.72, while the KSE All Share Index added 252.80 points, closing at 31,679.09. As many as 377 companies transacted shares in the stock market, 241 of them recorded gain and 110 sustained losses, whereas the share price of 26 companies remained unchanged.
The sectors driving the benchmark index upwards included banking (126.8 points), fertiliser (77.43 points) and oil and gas exploration (41.49 points).
Volume on the all-share index increased to 243.15 million from 187.38 million on Tuesday. The value of shares traded also improved to Rs9.94 billion, up from Rs7.1 billion recorded in the previous session.
Treet Corporation was the volume leader with 16.81 million shares, followed by K-Electric Limited with 13.78 million shares, and Hum Network with 12.50 million shares.
